1121 & 1127 Parkway Drive, Boone, IA 50036

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1121 & 1127 Parkway Drive,Boone, IA 50036
$650,000
  • 16 Beds
  • 8 Baths
  • 826 sq. ft.
  • Multi-family
  • Active
Listed by:maria balac
Office:realty one group impact
MLS#:725311
Source:IA_DMAAR

Price summary

  • Price:$650,000
  • Price per sq. ft.:$786.92

About this home

Exceptional investment opportunity in Boone! This well-maintained 8-unit multifamily property at 1121 & 1127 Parkway Drive offers a strong rental history and desirable location. Each building features spacious apartments with functional layouts, garage, parking, and tenant-friendly amenities. Situated in a quiet residential neighborhood with convenient access to schools, shopping, and major roadways, this property attracts long-term renters and delivers steady cash flow. Whether you're adding to your portfolio or making your first multifamily purchase, this turnkey asset is a solid choice with upside potential.

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Home facts

  • Year built:1979
  • Listing ID #:725311
  • Added:23 day(s) ago
  • Updated:September 18, 2025 at 10:47 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:826 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1979
  • Building area:826 sq. ft.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$786.92
  • Tax amount:$8,936